The point is that in many cases, 'offshore' isn't about banking and secrecy... it's really about internationalizing your life. It's about taking the best possible advantage of perfectly legal opportunities and structures in other countries that allow you live a better quality of life for less money.

We believe that, in light of this recent tragedy, there should be a time-out on any action to proceed with new offshore drilling until there has been a full and independent investigation of the causes of this blowout.

Citing the rising cost of healthcare, several insurers have taken a page out of travel guides for "medical tourism" and begun toying with the idea of sending their patients abroad for routine surgeries.